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Tuesday, January 1, 2008

Happy New Year

Wish all of you a very Happy & Prosperous New Year. While the star sector of 2007 was the Power & Energy sector. The sectors which I think will perform well in 2008 will be IT, Telecom, Pharma, Agri and select Metals & Mining along with select Energy stocks. The markets are likely to go higher before they go down. We might see a tearing bull rally in January. Corrections may come either around the end of January or around the end of April. But an end of the year target of 25000 on the Sensex is what I expect from this year. While the indices may give moderate returns, there will be plenty of action in the mid and small caps in the coming year. Hope everyone prospers in this New Year. Cheers!

65 comments:

Year 2007 was good with almost every single stock recommended by you performed exceptionally well. Thanks a lot for helping small time investors like me.

Going by your message which you posted on the blog for this new year, I have a suggestion:

As you are suggesting that the sensex will touch 25K by end of this year and stocks under select sectors will do good. It would be great if you can point out few of the stocks that we can buy at current levels and hold it for a year.

I also have a personal request from my end which is about the LML stock. Can you let me know if I can enter it at this level and if yes what will be the target for ST,MT &LT.

Dear Superstar.Wish same to you and your family. Your suggestion for the year 2008 is highly apprciated.I youir your prediction will be 100% correct.Till date I am unable to buy Cyber Info.What is your view on DishTVThanks again and wish you Happy New Year.

In Pharma sector, I would pick Unichem Labs and Aurobindo Pharma. In Metals & Mining, it would be Jayaswal Neco, Tata Steel. In Energy, PTC (on dips), NTPC, Tata Power (on dips). In telecom, Tata Teleservices and HFCL may be dark horses.

For all those who had asked me about GMR Infra, I finally found out why the stock is being touted by many brokerages and analysts despite looking overpriced in light of its meagre earnings figures. The buzz in the market is that they might be coming out with an IPO of GMR Energy.

Some dark horses in 2008 could be Videocon Industries, HFCL, Su-raj Diamonds besides the stocks I have already posted as my picks on this site.

While the year 2008 may be overall positive, there might be two big dips happening during the year which you should be careful about.

hi superstar,Wish you a very prosperous new yearThanks a lot for your great recommendations.i have a question regarding the siemens stockn wheather to hold it or not. Your expert advice will help me a lot in this regard

hi superstar,Wish you a very prosperous new yearThanks a lot for your great recommendations.i have a question regarding the siemens stockn wheather to hold it or not. Your expert advice will help me a lot in this regard

SuperstarI want your opinion on HUL which I hold for the past 3 months (400 @ Rs.221). FMCG and HUL in particular has been the worst performing sector/stock in the last 2 quarters. I am still holding HUL hoping that I would break even soon and see some profits on a long run in 2008. I want your inputs on HUL and the kind of targets one could expect on this for 2008 April and beyond.

Dear SuperstarWish u very very happy new year to u and to yr family and to all visitors/investors.Market,sensex even go any where but u r with us we have no problem at all in this market suck kind of feeling we do have.I sincerely thank u for helping , advising us.May u overcome all obstacles in yr life.

Wish you a very very Happy New Year. I am very new to the stock market. I consider myself very lucky that I got to see your expert tips on stocks like GPIL and Gufic Bio...Thanx a lot for that. In a very short span of time, I have become a fan of yours. Way to go bro :-).

I would like to take this opportunity to ask you about Agro Dutch Industries. I have seen that you also track this stock. I would like to know if this stock is gud at CMP of around 48 and is it gud for short term as well as long term?? Also, if you can say something about Kirloskar ferrous Industries.

I met "Peace", "Wealth", and "Joy"last night, they wanted a permanent place to stay. I gave tem ur address. Hope they have arrived safely...

"HAPPY NEW YEAR 2008 TO YOU , YOUR FAMILY, ALL NEAR AND DEAR ONE'S, INCLUDING PEOPLE WHO PRAISE YOU FOR YOUR UNDERSTANDING AND YOUR TIMELY ESTIMATIONS WHEN IT COMES TO PICKING SHARES AT THE RIGHT TIME"

Hi Superstar,Happy & prosperous new year 2008. Eversince I started investing in stocks had I heard about you till yesterday when I accidently went into the message board of Unichem labs.Your research and views are very farsighted and useful to us small investors. From now on I will definitely use your expertise before investing.Thanks a lot.

Wish you a very happy new year. Though I ve personally not yet bought any stocks that you recommended so far(trying to buy Cybermate now), your recommendations have been bang on target, I take this place to thank you for your generous efforts to the small time investors.

Siemens has recently declared a Dividend as well as a 1:1 bonus. The company has been doing quite well. If you are a long term investor, you can hold it.

Hi Maverick,

Action might return in Hindustan Unilever and one can look at targets of 246-250 technically.

Hi Gaurav,

I was the one who discovered Prakash Industries when it was trading at Rs.20. It is now trading at 340 and some analysts and brokerage houses are pushing the stock with a Buy rating now. I would recommend a hold only and not a fresh buy at current level.

My view on Aegis Logistics is similar. Would recommend a Hold but for fresh buying there are better stocks available in the market.

Hi Nadim,

Agrodutch was recommended by me just a couple of months back at 25-26 levels. Today's high was 48.10. I think it may go to 60 levels where it can find some resistence.

I would not be comfortable buying Kirloskar Ferrous at current levels. Avoid.

Superstar, I got into the market just a few months ago and I want to build my portfolio in 2008. While browsing I found your blog and what amazed me is the selflessness with which you share your findings and research. In my 9-5 world, it would be difficult to invest in the right shares because I need to earn my daily bread and save something to put in the share market.I thank the heavens for an angel like you who is willing to bring light into the hopeful dreams of those like me who are just born in the big world of stock markets.

May you be blessed abundantly through the year and may all your insights bloom :)

Hi Superstar... Wish you and your family a very Happy and Healthy New Year. I am new to this blog. Currently holding TCS @ 1010 and LML @ Rs.20.9 . Would like to know what would be the price target in another 3 months (ST). Are there any attractive IT Stocks.

H ours of happy times with friends and family A bundant time for relaxation & to help people like us – small investors P rosperity P lenty of love when you need it the most Y outhful excitement at life’s simple pleasures

hi, liked your site and thought maybe you would like to visit my blog on property and finance http://mortgageswalesukfruitmortgages.blogspot.com/. Ive not been doing it for long so any advice would be most welcome.Thanks.

We are entering a phase in this rally in mid-small caps where irrationality is creeping in. So we must be very cautious now. I would not buy HCC at current price. The risk-reward ratio is not in favor of reward here.

As I said in my post that I expect the IT sector to do well in 2008, the prediction has already started coming true. You are already witnessing a rally in many of the forgotten IT stocks. IEC Software has turned around in the last two quarters, but the price run up has already been very steep. If I was in your place, at the first sign of weakness in IEC, I would switch from it to Cybermate Infotek.

I have already said in my blog that I expect select Power stocks to do well in 2008 but not the entire sector as a whole. While the Euphoria in this sector can last till the Rel Power IPO, the valuations are stretched. I would have booked profit in Rel Energy at or even slightly less than 2700 if I was in your place.

Hi Akky,I had already advised on the Gufic Bio board to book profit and buy Cybermate Infotek instead. I would book profit in Bellary as well.

Hi Superstar I purchased shares of cybermate at 18.9. from then on its going down.I know you have said a lot about its future. Does it still looks positive. Is low PE the criteria for this stock to be a multibagger.

Hi SMJain,You could add more of Cybermate Info on corrections to bring down your cost price. It always helps to buy a stock while it is still quoting at a low PE because it increases your margin of safety and also your chances of earning a profit.Kolte Patil is a new listing and not much data is available on its financial history. Still, I would say that at current price it is a hold.MRPL has run up quite a lot in the recent past and one must be cautious on it now. I would keep a Profit Lock on it at 125. You can book profit if it goes below that, to be on the safe side.

Hi Navin, I am following up you post in MC and in this blob for a while.I am impress by your analysis and unbiased attitude.Let me introduce my self, I am Barkat and stay in CA, USA. I am interested in talking with you. I would appreciate if you can drop me a mail at barkat80(at rate)gmail(dot)com.

Thx for the info Superstar. Since I have MRPL at 140 and Kolte at 232 I think I should book losses in MRPL. What do u say.There is another stock I am looking into is Interworld Digital.Its trading at Rs 4 right now..Pls suggestIn case of CybernateI am still not sure of the low PE funda since we also need to see the management and the growth prospects of the company. When I visited the cybermate site they didnt have a client list .Low PE can be an indicator but what I feel we would be better off measuring it against the growth(may be the PEG can give a better idea.). I just want to know from you that apart from low PE what makes it a company with good fundamentals.As per your advice I will still go ahead and purchase more of Cybermate though as I have a lot of faith in your tips

Hi SMJain,I had yesterday advised you to hold both Kolte Patil and MRPL (with SL of 125) and both have gone up today. You may recover your cost price in MRPL soon.

I had a look at Interworld and though I was not too impressed with its fundamentals, chartically it can become a buy if it trades above 5.05 for a few days with good volumes.

Ofcourse, the quality of management and future growth prospects are very important factors while making an investment. I never said that Low PE is the only factor. PEG is anyday a better criteria than just PE. In the case of Cybermate Info, the company showed a 152% jump in Net Profit in June quarter and 203% jump in Net Profit in Sept quarter. It is very important that they maintain this trend of high growth for its stock price to make new highs.Yes, Rohit Ferro is a good stock to buy as the company is on a high growth trajectory presently.

Hi Superstar,Shall we go for SBI as its coming up with a rights issue. What do you see the future of the stock.Also I took Allahabad bank@130 . It seems to be an undervalued stock to me .Whats your take on it.

HI superstar this is ravikanth.You are our lighthouse in this high vlolatile market.i bought some stocks when the market is doing good.Alps industries(80rs),kic metalicks(80rs),southasian petro(25rs),prime securities(300rs) after the fall you know the story. I can hold for one to one&half year.so please suggest me you want me to me to book loss or stay for long time.

About Me

Hi there!
Thanks for visiting my blogspot. I live in India but consider myself a World Citizen. I have varied interests ranging from the Stock Markets, Astrology to Acting/Writing in Movies. Hope we can share our views and interact with each other through this website.
Cheers!
Navin

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Disclaimer

All information posted on this web site has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. Under no circumstances is this an offer to sell or a solicitation to buy securities discussed on this site. Past performance is no guarantee of future success. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts, expressed or implied herein, are committed at your own risk, financial or otherwise. I have positions in some of the companies discussed. All data, information and opinions are subject to change without notice. (c) 2007 All Copyrights belong to Superstar